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Simple H1 GBPUSD EA

  • #9,341
  • Oct 21, 2010 1:02pm Oct 21, 2010 1:02pm
Hi Skyzer (and anyone else thats been using this live for a while),

How have you been getting along with this EA? I was led to believe from a )backtest but b) also the way everyone comments on this thread that this EA hardly every loses. The 10,140 MA approach I was led to believe hasn't had a loss in a year (in a backtest) and the 10,197 MA approach only several times. However your post makes it sound like it does nothing but lose.

I only ask because I only started using it Live several days ago and being the cynical, jaded, around the block FX trader I am having slight problem with believing that an EA that hasn't shown a single loss in a year (i have 10,140 MA's) suddenly has one on my first live trade. Trying to guage from people using it for a long time whether this is indeed a rarity or whether its about to severly eat into my account?

cheers,
Justin



Quoting SkyzerFX
f* Pound.. I don't know what's wrong with this currency.

EUR at 1.4030 and this POS barely holding.. I shut EA down,

taking over from here, placed SELL STOP (hedge) instead of Stop loss.

I was doing so great, until this BS. No trades for weeks and then

pick shittiest trade possible. done with EA. No more, enough for

me. Those who still in trade, we might have little chance IF

till 8:30 this doesn't hit SL and IF US Employment data come out

bad, then we might have little run up, just enough to get out without loss.
  • #9,342
  • Oct 21, 2010 1:38pm Oct 21, 2010 1:38pm
Quoting Justin74
Hi Skyzer (and anyone else thats been using this live for a while),

How have you been getting along with this EA? I was led to believe from a )backtest but b) also the way everyone comments on this thread that this EA hardly every loses. The 10,140 MA approach I was led to believe hasn't had a loss in a year (in a backtest) and the 10,197 MA approach only several times. However your post makes it sound like it does nothing but lose.

I only ask because I only started using it Live several days ago and being the cynical, jaded, around the block...
Oh so now we understand why the trade is going opposite direction. I thought I was the only one who caused that kind of thing. I follow a strategy for a while and as soon as I enter with something at stake. bammm. The first loss in1000 years. So it was you this time!!

It very rarely loses, but when it does it is big loss.
Best thing is to not risk more than you can afford to lose.
  • #9,343
  • Oct 21, 2010 2:17pm Oct 21, 2010 2:17pm
backtest are only 90% accurate If you have a loss it takes about 2 weeks to get it back. I've been live since June 1 attached are my trades.
99% are from this ea there might be 3-5 that were from something else


I'm trading 3 lots Tokyo and London
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.GIF Size: 65 KB
  • #9,344
  • Edited 6:13pm Oct 21, 2010 3:18pm | Edited 6:13pm
Quoting Justin74
Hi Skyzer (and anyone else thats been using this live for a while),
How have you been getting along with this EA? I was led to believe from a )backtest but b) also the way everyone comments on this thread that this EA hardly every loses. The 10,140 MA approach I was led to believe hasn't had a loss in a year (in a backtest) and the 10,197 MA approach only several times. However your post makes it sound like it does nothing but lose.
No, it wins.. I just don't see a reason anymore to take 2 trades in a

week (if any) with possibility to lose 5% or 3% of the account, whatever your

settings are.. Anyways 1 single trade just wiped out most of what EA makes

in last 3 month, since it's been very inactive. If you don't mine losing

1k$+ in single day, then I guess it's fine.. Like most people say: "don't

bet more then you can afford to lose" and if you can afford to lose

1000$ a day, then you don't need trading..

s** happens..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #9,345
  • Oct 21, 2010 3:49pm Oct 21, 2010 3:49pm
Hi Dryclean,

Thanks for the screen shot. What settings do you use? Are all these trades for this EA? You mentioned 99% of them are but it shows 204 trades which I think is way more then the EA has triggered in the last 12months let alone since June. Also your win and loss amounts are not that different but I would have thought with the EA that the loss and win difference is fairly large.

cheers,
Justin
  • #9,346
  • Oct 21, 2010 4:21pm Oct 21, 2010 4:21pm
sma slow 197 fast 10
They key is the broker, Alpari which this ea was made and optimized for
I also have been running a London session start time of 5
and recently running the advance 18-4 ea
http://www.forexfactory.com/showthread.php?t=253567

so 3 Tokyo 3 London v17
3 Tokyo 3 London v18-4 .01 lot size testing
  • #9,347
  • Oct 21, 2010 6:41pm Oct 21, 2010 6:41pm
Anyone else in for the SHORT?
  • #9,348
  • Oct 21, 2010 7:14pm Oct 21, 2010 7:14pm
Quoting tommycz
Anyone else in for the SHORT?
I am. 2 Shots at 02:20 and 02:35. Geoffs engine, my EA.
Thx Big Geoffs!
  • #9,349
  • Oct 21, 2010 8:10pm Oct 21, 2010 8:10pm
there is no single trade being triggered for this whole week,don't know is the ea or the broker problem but its working well for the past few weeks
  • #9,350
  • Oct 21, 2010 10:47pm Oct 21, 2010 10:47pm
IBFX 17a live in for short at 23:20 using sma 10/31. Out with
+22 +12 +5 = +39
  • #9,351
  • Oct 22, 2010 1:38am Oct 22, 2010 1:38am
MIG live V17 28+28+28

Good Day
  • #9,352
  • Oct 22, 2010 1:55am Oct 22, 2010 1:55am
Triggered short at 01:20 chart time on Alpari UK (so 12:20 UK time) at 1.5722. Missed 1st target by about 1.5pips!. Now hanginging on! Using 17a with 10,140 MA's.
  • #9,353
  • Oct 22, 2010 1:58am Oct 22, 2010 1:58am
Hi Dryclean,

I think i'd better get to grips (and actually make a profit) with the normal one before I get to the advanced one or for that matter get it trading in London session as well.

Is there a reason you use 10,197 rather than 10,140. I thought the later was supposed to be safer and think I saw somewhere that you were using it. Any reason for the change back?

cheers,
Justin
  • #9,354
  • Oct 22, 2010 4:58am Oct 22, 2010 4:58am
Quoting Justin74
Hi Dryclean,

I think i'd better get to grips (and actually make a profit) with the normal one before I get to the advanced one or for that matter get it trading in London session as well.

Is there a reason you use 10,197 rather than 10,140. I thought the later was supposed to be safer and think I saw somewhere that you were using it. Any reason for the change back?

cheers,
Justin
I still have American broker . . .still looking for someone else
I reduced my lot size % and raised the sma back to 10/197. New law took effect Mon. 10/197 will make less entries but a better confirmation. I was at 10/31 more entries safe in backtest but maybe not safe LIVE
  • #9,355
  • Oct 22, 2010 10:42pm Oct 22, 2010 10:42pm
Quoting Justin74
Hi Skyzer (and anyone else thats been using this live for a while),

How have you been getting along with this EA? I was led to believe from a )backtest but b) also the way everyone comments on this thread that this EA hardly every loses. The 10,140 MA approach I was led to believe hasn't had a loss in a year (in a backtest) and the 10,197 MA approach only several times. However your post makes it sound like it does nothing but lose.

I only ask because I only started using it Live several days ago and being the cynical, jaded, around the block...
Watch Out! I started trading this live on FXDD and ATC in June 2010, with 3 trades per and thought I was in heaven. Of a total of 33 trades I has 32 winners. Then one evening the EA malfunctioned (or more likely I malfunctioned) and got into 5 trades and all went the wrong way for a minus - $700 ($1.00 per pip). Happened again with correct number of trades but the market turned for another big loss; manually closed the trades. Regardless, when it works, and it does, it is a super system and EA and there are some very bright people here, but lurking in the shadows is the evil -140 x 3 for -$420.00. This will happen, as far as I can tell, at least once a month and at tmes twice a month. Just be careful and good luck!
66trader66
  • #9,356
  • Oct 24, 2010 6:04pm Oct 24, 2010 6:04pm
EA just fired a SHORT !! ..
  • #9,357
  • Oct 24, 2010 6:23pm Oct 24, 2010 6:23pm
IBFX live 17a 3 sell orders
  • #9,358
  • Oct 24, 2010 6:26pm Oct 24, 2010 6:26pm
mig live short 1.5673 x3 V17
  • #9,359
  • Oct 24, 2010 6:42pm Oct 24, 2010 6:42pm
Alpari has joined the party short
  • #9,360
  • Oct 24, 2010 7:15pm Oct 24, 2010 7:15pm
I'm still using v4 and v9. Took a sell @ 1.5678 with TDFX live using v4.
If you're scared get a dog.
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